$1,510,000
SOLD JUL 28, 2025
4 Beds
12 Baths
3,700 Sq Ft
5,519 Sq Ft Lot

Recently Sold

$408 Per Sq Ft

8% Above List Price

11 Days on Market

Highlights

  • Downtown View
  • Central Heating
  • 4-minute walk to Dolliver Park
  • Neil Cummins Elementary School Rated A
  • Laundry Facilities

About This Home

As of July 2025

Unique building in the heart of downtown Larkspur. Street to street lot to Magnolia Ave at entrance to Madrone Canyon and across street from Dolliver Park. Historically high occupancy, strong rent roll, low vacancy with irreplaceable location. 4 units: 3/2, 2/1, 1/1, & studio/1 plus extra space.

Last Agent to Sell the Property

Alexandra Corr

Inactive Office License #01407436 Listed on: 06/13/2025

Inactive Office

Co-Listed By

Matthew Reagan

Coldwell Banker Realty License #01938745

Last Buyer's Agent

Drew Thomas

Eleven Real Estate License #02243265

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,519 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 4 Bedrooms
  • 3,700 Sq Ft Home
  • Downtown Views

Parking

  • 6 Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Central Heating
  • Wall Furnace

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $130,195

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 021-103-06

Property Details

Home Type

Multi-Family

Lot Details

5,519 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: From Magnolia: King St to L up hill on Hawthorne L on Walnut. Do NOT park in carport. Walnut is a one way street so continue around the knoll to get back to Hawthorne.
  • Lot Size Acres: 0.1267
  • CapRate: 7.08
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Square Footage: 3700.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: None
  • View: Downtown

Garage/Parking

  • Parking Features: Carport, Covered, Off Street, Street
  • Total Parking Spaces: 6.00
  • Carport Spaces: 3.00
  • Covered Parking Spaces: 3.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Wall Furnace
  • Laundry Features: Coin Operated

Schools

  • Middle/Junior School District: Tamalpais Union

Lot Info

  • Assessor Parcel Number: 021-103-06
  • Lot Size Sq Ft: 5519.00

Rental Info

  • TenantPays: Electricity, Gas, Trash Collection

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 2284
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 3354
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 3600
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 1
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 4
  • Number Studios Occupied: 1

MLS Schools

  • Senior High School District: Larkspur-Corte Madera
  • School District (County): Marin
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2025 07/28/25 Sold $1,510,000 +8.2% $408 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $1,395,000 -- $377 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,016 $960,035 $464,139 $495,896
2024 $18,339 $941,212 $455,039 $486,173
2023 $17,883 $922,761 $446,119 $476,642
2022 $17,499 $904,669 $437,372 $467,297
2021 $17,031 $886,931 $428,796 $458,135
2020 $16,761 $877,842 $424,402 $453,440
2019 $15,971 $860,633 $416,082 $444,551
2018 $15,159 $843,762 $407,926 $435,836
2017 $14,784 $827,221 $399,929 $427,292
2016 $14,128 $811,003 $392,088 $418,915
2015 $13,979 $798,824 $386,200 $412,624
2014 $13,302 $783,179 $378,636 $404,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325053792

Bay Area Real Estate Information Services (BAREIS)

APN: 021-103-06

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